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Car & General (K) (NAI:CGEN) Cyclically Adjusted Book per Share : KES93.21 (As of Sep. 2022)


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What is Car & General (K) Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Car & General (K)'s adjusted book value per share data for the fiscal year that ended in Sep. 2022 was KES66.576. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is KES93.21 for the trailing ten years ended in Sep. 2022.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-20), Car & General (K)'s current stock price is KES 21.35. Car & General (K)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Sep. 2022 was KES93.21. Car & General (K)'s Cyclically Adjusted PB Ratio of today is 0.23.


Car & General (K) Cyclically Adjusted Book per Share Historical Data

The historical data trend for Car & General (K)'s Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Car & General (K) Cyclically Adjusted Book per Share Chart

Car & General (K) Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.91 72.82 76.25 86.17 93.21

Car & General (K) Semi-Annual Data
Sep08 Sep09 Sep10 Mar11 Sep11 Mar12 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Sep22
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 76.25 - 86.17 93.21

Competitive Comparison of Car & General (K)'s Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Car & General (K)'s Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Car & General (K)'s Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Car & General (K)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Car & General (K)'s Cyclically Adjusted PB Ratio falls into.



Car & General (K) Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Car & General (K)'s adjusted Book Value per Share data for the fiscal year that ended in Sep. 2022 was:

Adj_Book=Book Value per Share /CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=66.576/125.2265*125.2265
=66.576

Current CPI (Sep. 2022) = 125.2265.

Car & General (K) Annual Data

Book Value per Share CPI Adj_Book
201309 60.602 98.790 76.819
201409 68.412 100.428 85.305
201509 70.711 100.392 88.204
201609 76.137 101.861 93.602
201709 78.828 104.136 94.793
201809 84.687 106.507 99.572
201909 84.619 108.329 97.818
202009 92.781 109.815 105.802
202109 114.274 115.734 123.646
202209 66.576 125.227 66.576

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Car & General (K)  (NAI:CGEN) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Car & General (K)'s Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.35/93.21
=0.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Car & General (K) Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Car & General (K)'s Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Car & General (K) (NAI:CGEN) Business Description

Traded in Other Exchanges
N/A
Address
New Cargen House, Lusaka Road, P.O. Box 20001, Nairobi, KEN, 00200
Car & General (K) Ltd is a supplier of generators, motorbikes, tuk-tuks, laundry equipment, lawnmowers, scooters, marine engines, construction equipment and power generation, automotive and engineering products. The company's reportable segment includes Trade and workshop, Investment properties, Poultry and ICT Training, and Manufacturing. It generates a variety of its revenue from Trade and workshop Segments. Geographically, it derives a majority of its revenue from Kenya.

Car & General (K) (NAI:CGEN) Headlines